Latest Articles: Business
Saudi Arabia unveils plans for 'entertainment city' near Riyadh
Post Date: 2017-04-08 13:26:48 by Willie Green
Saudi Arabia has unveiled plans for an entertainment city on the edge of Riyadh which will be 50 times the size of Gibraltar once complete. The 334 sq km (129 sq mile) attraction will offer cultural, sporting and entertainment activities - including a Six Flags park and a safari park. The announcement boasts it will be the first of its kind in the world, with building to begin early next year and the first stage finished by 2022. It forms part of a wider master plan. Vision 2030, announced by Deputy Crown Prince Mohammad Bin Salman a year ago, aims to diversify the economy and reduce the kingdom's reliance on oil, through a series of projects. The entertainment city - about a ...
Liberty Dollar creator marks Trump inauguration with a new series (World Peace - LOL)
Post Date: 2017-04-07 20:51:53 by Hondo68
Inaugural Trump Dollar produced in double-split gold Proof piedfort, silver, copper Privately produced gold, silver and copper medals celebrating the Jan. 20, 2017, inauguration of Donald J. Trump as the 45th president of the United States are being issued by Bernard von NotHaus, creator of the Liberty Dollar. Original images courtesy of Bernard von NotHaus, www.trumpdollar.us. This Proof Inaugural Trump Dollar double-split gold piedfort piece is composed of two outer half-ounce .9999 fine gold planchets sandwiched over a gold-plated 1-ounce .999 fine silver planchet in the center. Images courtesy of Bernard von NotHaus, www.trumpdollar.us The designs for the Inaugural Trump Dollar are ...
Gold Bugs: Why Russia is Stacking Bullion Bricks Like There's No Tomorrow
Post Date: 2017-04-01 15:48:07 by A Pole
Russia's Central Bank purchased record amounts of gold in 2016, and plans to accelerate its purchases, retaining its spot as global leader in the growth of gold reserves. That's according to a recent survey by the GFMS analysts at Thomson Reuters. Russian economists explain the thought process behind the Bank's purchases. According to GFMS analysts, Russia's Central Bank purchased 201 tons of gold in 2016, more than the central bank of any other country. The Bank made its purchases over 11 consecutive months, with purchases accelerating to an average of 36 tons per month between October and November as gold prices fell. The analysts expect Russia to continue buying large ...
No, wealth isn’t created at the top. It is merely devoured there
Post Date: 2017-03-30 13:46:37 by A Pole
Bankers, pharmaceutical giants, Google, Facebook ... a new breed of rentiers are at the very top of the pyramid and theyre sucking the rest of us dry ====== Rutger Bregman This piece is about one of the biggest taboos of our times. About a truth that is seldom acknowledged, and yet on reflection cannot be denied. The truth that we are living in an inverse welfare state. These days, politicians from the left to the right assume that most wealth is created at the top. By the visionaries, by the job creators, and by the people who have made it. By the go-getters oozing talent and entrepreneurialism that are helping to advance the whole world. Now, we ...
What I Learned From “The Art Of The Deal”
Post Date: 2017-03-26 02:58:31 by Gatlin
With the election of Donald Trump (your president and mine!), I decided that it has become increasingly relevant for us all to read some of his books to get an idea of how the man ticks. And so I picked up The Art of the Deal. Having done so, I can say that Im glad: for while some of the book should be looked at skeptically (as should some of what Trump is saying in his presidency), as a whole, this book will provide some pretty solid advice on business and life in general, as well as, perhaps inadvertently, reveal some details about Mr. Trump himself . This article does not seek to be a review of the book, so much as it is an article enumerating what advice one can ...
Lab-Grown Chicken Strips Could Change the Meat Industry Forever
Post Date: 2017-03-15 13:08:14 by Willie Green
For decades, there have been concerns about the environmental impact of and the treatment of animals in the $200 billion American meat industry. Two startups are looking to shake things up.Bay Area company Memphis Meats and Netherlands-based Mosa Meats have made it their goal to replace farm animals with meat grown from self-producing cells. The cell-produced meats are created in stainless steel bioreactor tanks, and the companies have labeled these products as clean meat, which could essentially revolutionize the meat market.Scientists from these companies have already created beef products including a burger and a meatball grown from bovine cells. But yesterday, Memphis Meats ...
Civil war over trade 'breaks out' within the White House
Post Date: 2017-03-12 09:35:52 by Willie Green
A rift within the Trump administration broke out during a recent trade meetingThe dispute erupted over differences between a group of economic nationalists and a team of pro-trade officials from Wall StreetSources said trade adviser Peter Navarro has become increasingly sidelined Former Goldman-Sachs executive Gary Cohn has been reportedly overpowering the adviser A civil war over trade has broken out within the White House after a contentious meeting in the Oval Office between economic nationalists and pro-trade leaders from Wall Street, reports said.The dispute resulted from differences between a group including senior adviser Steve Bannon and trade adviser Peter Navarro, and a ...
Titans of oil world meet in Houston after two-year price war
Post Date: 2017-03-05 09:53:51 by Willie Green
The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the shale energy revolution in the United States. When OPEC in November joined with several non-OPEC producers to agree to a historic cut in output, the group called time on a fight for market share that drove oil prices to a 12-year low and many shale producers to the wall. Oil prices are about 70 percent higher than they were the last time oil ministers and the chief executives of Big Oil met in Houston a year ago at CERAWeek, the largest annual industry meet in the Americas. The ebullience as ...
When Mexican Aluminum Isn't Actually Mexican Aluminum
Post Date: 2017-02-28 12:21:05 by Tooconservative
In the final week of the Obama administration, the outgoing president filed a complaint at the World Trade Organization (WTO) accusing China of unfair trade practices. This wasn't a big surprise: Obama averaged one complaint against China every six months throughout his presidency. Indeed, Donald Trump's tough talk about China is really just a continuation of what the Obama White House had been actually doing for the last eight years. But this latest WTO filing is a little unusual. The U.S. is alleging that China, through a series of low interest loans and subsidized power rates, is unfairly competing in the market for aluminum. Over the past few decades China has risen to become ...
This Is Walmart’s New Plan to Squeeze Prices in the Face of Discount Chains
Post Date: 2017-02-28 07:35:44 by U don't know me
This Is Walmarts New Plan to Squeeze Prices in the Face of Discount Chains Reuters Feb 27, 2017 Wal-Mart Stores is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S. rivals like Kroger, according to four sources familiar with the moves. Wal-Mart launched the price test across 11 Midwest and Southeastern states such as Iowa, Illinois and Florida, focusing on price competition in the grocery business that accounts for 56% of the company's revenue, said vendor sources with direct knowledge of the matter who did not wish to be identified ...
The popularity of Starbucks has plunged since they decided to take on politics
Post Date: 2017-02-24 12:07:49 by Tooconservative
As weve noted here in the past, supersized coffee chain Starbucks has decided to take a very public stance in the world of American politics over the past couple of years. Given the youthful, next-generation persona which they try to project in all of their marketing it will come as no surprise that this has taken the form of a decidedly liberal initiative. So hows that working out for them these days? According to Yahoo Finance, the companys popularity as measured by the YouGov Brand Index rankings has completely tanked. Starbucks brand has taken a beating since the company announced plans to hire 10,000 refugees worldwide in the next five years in response to ...
Fox News under federal investigation over Ailes settlement payments
Post Date: 2017-02-16 10:40:18 by Willie Green
LOS ANGELES (CNNMoney) The U.S. Justice Department is investigating whether Fox News failed to inform shareholders about settlements made with employees who charged former chairman and CEO Roger Ailes with sexual harassment, a source with knowledge of the matter told CNNMoney. The investigation, which has been going on for months, came to light on Wednesday after attorney Judd Burstein, who represents clients who have brought sexual harassment charges against Ailes, announced in a court hearing that one of his clients had received a subpoena relating to "alleged violations of criminal law by Fox." "I was told by the U.S. attorney's office there is an ongoing criminal ...
The Real Reason Why Andy Puzder WonÂ’t Become Labor Secretary
Post Date: 2017-02-15 17:58:54 by Willie Green
On December 8, days after Donald Trump chose Andy Puzder as his nominee for Labor Secretary, I predicted that he wouldnt get confirmed. I didnt have any special inside information, just the knowledge that Puzders beliefs included the one idea conservatives would not not abide: support for immigration reform. Breitbarts Julia Hahn, whos now working in the White House, wrote a scathing piece on December 8, excoriating Puzder for supporting amnesty and flooding the labor market with foreign workers. It wasnt just that the immigration issue would sap Puzders support among the far right. It meant that the grassroots wouldnt ...
You and I Have No Right to Be Scared
Post Date: 2017-02-13 11:25:26 by srp1598
So, you're thinking about buying some gold or silver, but you're still hesitant. You've paid attention and done your homework. You understand your nation's financial health is nowhere near what your government, Wall Street, and mainstream news are saying. U.S. Dollar depreciation You're told the unemployment rate is 6%. You wonder how that could be when one out of three working-age Americans, 90 million souls, are out of work. You have relatives and friends not working, maybe several, and you notice it didn't used to be that way. The numbers sound to you more like Great Depression than Green Shoot Recovery. Your government puts inflation at 1%, but you see the ...
Uh-Oh! Marijuana Prices Are Plunging, and You're Not Going to Be Happy With the Reason Why
Post Date: 2017-02-12 19:56:44 by Hondo68
This supply-and-demand issue has wide-reaching implications. The marijuana industry was one of the brightest stories in an otherwise chaotic 2016. Heading into November, residents in nine states were set to vote on various recreational and medical cannabis initiatives and amendments. With the exception of Arizona, which had its recreational-marijuana initiative rejected by just 2%, it was a clean sweep for pot in every other state. Two other states, Ohio and Pennsylvania, approved medical-cannabis laws entirely through the legislative process (i.e., without putting a measure on the ballot for residents to vote on). By year's end, 28 states were now considered medical cannabis-legal, ...
Employees Tell What It's Like Working for Trump's Labor Department Pick
Post Date: 2017-01-11 09:46:45 by Willie Green
"I honestly cant think of anyone less qualified to enforce laws that are supposed to protect employees." Former employees of Carl's Jr., the company run by Andrew Puzder, Donald Trump's choice to head the Department of Labor, got to testify on Capitol Hill todaybut not in his confirmation hearing. Sen. Elizabeth Warren (D-Mass.) had scheduled the meeting to showcase how Democrats might grill Puzder. Dems had asked for former employees who would testify when Puzder appears before the Senate Health, Education, Labor and Pensions Committee (HELP), but HELP chair Lamar Alexander (R-Tenn.) shot down that request. It's easy to see why. "Mr. Pudzer took a ...
The Trump was bailed out of bankruptcy by Russia crime bosses
Post Date: 2017-01-10 12:07:58 by Willie Green
In 2008, Donald Trump Jr. attended a real estate conference, where he stated that Russians make up a pretty disproportionate cross-section of a lot of our assets. We see a lot of money pouring in from Russia. As it turns out, that may have been an understatement. Human rights lawyer Scott Horton, whose work in the region goes back to defending Andrei Sakharov and other Soviet dissidents, has gone through a series of studies by the Financial Times to show how funds from Russian crime lords bailed Trump out after yet anther bankruptcy. The conclusions are stark. Among the powerful facts that DNI missed were a series of very deep studies ...
Few Are Prepped For A Stock-Market Shock”: As Debt Collapse Nears, Wall Street Has Blinders On
Post Date: 2016-12-24 23:35:11 by U don't know me
Few Are Prepped For A Stock-Market Shock: As Debt Collapse Nears, Wall Street Has Blinders On Mac Slavo December 21st, 2016 SHTFplan.com Pride goeth before destruction, and an haughty spirit before a fall. Proverbs 16:18 Fresh stock market highs are giving everyone the holiday season cheer that encourages spending and inspires optimism about the future under the incoming Trump administration. The market could hit 20,000, and investors are ecstatic
but reality is still looming over the desperately vulnerable economy. The Federal Reserve has announced that it is raising rates, and there is every indication that things could take a turn for the worse ...
Federal Reserve Initiates End Game As Trump Heads To White House
Post Date: 2016-12-24 23:14:23 by U don't know me
Federal Reserve Initiates End Game As Trump Heads To White House by Brandon Smith For years, alternative economic analysts have been warning that the miraculous rise in U.S. stock markets has been the symptom of wider central bank intervention and that this will result in dire future consequences. We have heard endless lies and rationalizations as to why this could not be so, and why the U.S. recovery is real. At the beginning of 2016, the former head of the Dallas branch of the Federal Reserve crushed all the skeptics and vindicated our position in an interview with CNBC where he stated: What the Fed did and I was part of that group is we ...
Houston power company files for bankruptcy
Post Date: 2016-12-15 07:50:18 by U don't know me
Houston power company files for bankruptcy Dec 14, 2016, 2:49pm CST Updated Dec 14, 2016, 3:00pm CST Joshua Mann Reporter Houston Business Journal Houston-based Illinois Power Generating Co., a subsidiary of Dynegy Inc. (NYSE: DYN), has filed for Chapter 11 bankruptcy with a prepackaged restructuring plan. Illinois Power Generating Co., also called Genco, reported $970.41 million in debts and $450.14 in assets, according to a filing it made with the Southern District of Texas bankruptcy court. Illinois Power Generating Co. has nearly $1 billion in debts going into the restructuring. Enlarge Illinois Power Generating Co. has nearly $1 billion in debts going into the restructuring. ...
Frito-Lay Drops Doritos Super Bowl TV Advertisements
Post Date: 2016-12-15 07:11:03 by U don't know me
Frito-Lay Drops Doritos Super Bowl TV Advertisements By ABC NEWS Dec 13, 2016, 9:49 AM ET ABCNews.com Frito-Lay is closing the bag on its popular Doritos commercials for Super Bowl 2017. The PepsiCo subsidiary has run ads during the NFL's biggest night for years. But now, Frito-Lay, which also makes Cheetos, Sun Chips and Funyuns, told ABC News that commercials for its products in next year's Super Bowl "did not fit with our marketing plans." Chicago bureau chief E.J. Schultz of Advertising Age told ABC News the decision gives them a year off to kind of think about what they might do next if they want to come back to next year's game [in 2018] and kind of ...
Trump aims for oligarchy, with military muscle
Post Date: 2016-12-14 11:11:59 by Willie Green
Three years ago, Thomas Piketty, perhaps the most respected economist of the decade, noted in his book "Capitalism In The Twenty-first Century" that "the risk of a drift towards oligarchy is real and gives little reason for optimism about where the United States is headed." We are experiencing no mere drift. The Trump Cabinet choices reflect a leap toward a financial oligarchy with a special tilt to the military-industrial complex. The Cabinet nominations of President-elect Trump are astonishing to almost all Americans, including most who voted for him, for their near -exclusive pick among the very richest Americans and retired generals. In part, the personality ...
To 'Save' 800 Jobs, Donald Trump Destroys Exponentially More (Roach Motel)
Post Date: 2016-12-12 17:31:04 by Hondo68
President-elect Donald Trump's allegedly heroic efforts to "persuade" Carrier Corp. to maintain manufacturing operations in Indiana have succeeded, for now. Notable here is that if President Obama or President-elect Hillary Clinton had done as Trump did, Republicans and conservatives would have been up in arms - with good reason - about their excessive use of federal power to blunt the message of the markets. But since it was a nominal Republican threatening Carrier with retaliation if it sought to maximize profits, certain members of the right lauded Trump's meddling as a sign from the 45th president that "help is on the way." One prominent conservative writer ...
United Airlines will charge extra fee for use of overhead bins
Post Date: 2016-12-05 20:56:09 by Willie Green
BUFFALO, N.Y. (WKBW) - The coveted carry-on bag. Not checking your bag has its perks--avoid waiting around at baggage claim at the end of your flight, or worrying about losing it, and it's cheaper. Or, at least, it used to be. United Airlines just announced a new ticket option called "Basic Economy," banning the use of overhead bins for luggage. So now you're stuck with either paying for a checked bag, or paying for a more expensive ticket to bring it on the flight with you. According to a release from U.S. Sen. Charles Schumer's office, United expects the plan to raise $1 billion for the company by 2020. Other airlines are waiting to see if this policy sticks ...
The Financial Tyranny of "Please Hold"
Post Date: 2016-11-19 13:49:08 by treeingwalkercoonhound
The other day as I was calling voicemail on my cell phone, a recorded announcement came on, stating I did not have enough money on my account to complete the call. The phone was then automatically disconnected. This surprised me as I had, just two weeks before, purchased 360 minutes of airtime (I have a phone account which triples the number of minutes I purchase on their cards). I am not a constant user of my cell phone and in fact only use it rarely so I was shocked at the revelation that in two weeks time I had consumed 360 minutes of airtime. Checking back on the calls I had made since the purchase of the minutes, I found that the only calls made were to insurance companies, ...
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